The average salary in Munich

Munich, the capital of Bavaria, is known for its high quality of life, but also for its high costs. Many people wonder how high the average income in Munich is to be able to afford such crazy rents (and rightly so: a room in a shared flat can easily cost 1,200 euros!) and whether you really earn more there than anywhere else in Germany. In this article, we take a closer look at the average salary in Munich and also explain which factors influence income.

What is a median income in Munich?

The average income in Munich is significantly higher than the national average. According to current statistics, the average gross annual salary in Munich is around 56,200 euros, while in Germany as a whole it is around 51,900 euros (source: Kununu, Statista). This means that, on average, Munich residents earn more than employees in many other regions of Germany.

However, it should be noted that the cost of living in Munich is also higher, especially for rent and utilities (you can't get a room in a shared flat here for less than 500 euros a month, let alone a studio apartment!) Despite the higher salary, there is often less left over at the end of the month than in other cities. Interestingly, there are also significant differences between salaries in Munich and other major cities in Germany. For comparison, the average salary in Berlin is slightly lower than in Munich, which is partly due to the different cost of living and the unique labor market in Berlin.

What is the average hourly wage in Munich?

The average hourly wage in Munich varies greatly depending on the industry and professional experience. In general, however, the average hourly wage is €25 per hour (source Statista, data from April 2023). For professions with lower qualifications, such as cashiers or cleaners, wages are often lower and range between the minimum wage and an average of 15 euros per hour (according to Indeed). On the other hand, specialized professionals such as IT specialists or engineers can earn hourly wages of over 40 euros (according to Kununu).

Skilled trades also have good earning potential in Munich. For example, metalworkers in Munich often earn more than their colleagues in other parts of Germany, which underlines the city's attractiveness as a place to work for skilled workers.

Popular and in-demand jobs in Munich

In Munich, professions in the technical and commercial sectors are particularly in demand. The IT sector, engineering and financial and insurance services offer particularly good earning opportunities here. Another advantage is that Munich has an international and busy airport, which also offers very attractive salaries. Check out the best-paid jobs at the airport to find out who earns the best salaries at the airport alongside pilots.

There is also high demand and good earning potential in Munich for skilled trades such as electricians, plumbers and mechanics. The city is an attractive location for large companies, but also for small and medium-sized enterprises, which opens up a wide variety of job opportunities.

Find jobs in Munich

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